SolidX files lawsuit against VanEck alleging Bitcoin ETF ‘plagiarism’

Global investment management firm VanEck, is facing a lawsuit from blockchain firm and former-partner SolidX over a ETF that VanEck filed for SEC approval less than two weeks ago.

In 2017, VanEck became the first company to file for a Bitcoin exchange-traded fund registered under the Investment Company Act, while SolidX has been working to bring a Bitcoin ETF to market since 2015. The two firms joined forces in June 2018, with SolidX touting its deep experience with crypto as a compliment to VanEck’s extensive background in issuing financial products.

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